Crypto Fintech Eco Raises $60M for High-Yield USDC Savings App

Name: Crypto Fintech Eco Raises $60M for High-Yield USDC Savings App
Uploaded: 2021-07-27T22:33:42Z
Duration: 6 min 383 s
Description: The a16z-backed Eco, a fiat deposit-taking, cashback-granting digital wallet and stablecoin lender, which loans out users’ deposits in USDC, raises another $60 million to propel its crypto-powered banking app. “The Hash” discuss the outlook for Eco as regulators turn up the pressure on stablecoins.

Jul 27, 2021

The a16z-backed Eco, a fiat deposit-taking, cashback-granting digital wallet and stablecoin lender, which loans out users’ deposits in USDC, raises another $60 million to propel its crypto-powered banking app.

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